A 1906 Craftsman on Roosevelt Avenue in Berkeley reportedly sold for about $2.05 million after being listed for $1.095 million—roughly 87% above asking. The New York Post reported that the 1,490-square-foot home was listed September 2 and had a deal in place by September 6.
What the early offer does—and doesn’t—show
According to the Post, the buyer submitted an offer the night disclosure documents were released. The report says the seller did not accept it immediately. The timing may have spared the buyer a later competition for the property, but the reported sequence does not establish how many other buyers would have made offers or what they would have bid. The reported price and timing are attributed to the Post; the public-record guidance below is not independent confirmation of this particular transaction.
A previous Berkeley Craftsman sale is a comparison, not a trend
A separate Berkeley Craftsman sale shows that large gaps between asking and closing prices have occurred before. The Sacramento Bee reported that a 1911 home at 5 The Uplands sold on October 27, 2021, for $4.25 million, 55% above its $2.75 million list price, after receiving nine offers. The Roosevelt Avenue sale is a larger percentage premium, but the homes, prices and market periods differ. These two transactions alone cannot show how common such premiums are or establish a broader direction for Berkeley prices.
Public records can help readers assess sale and renovation claims, with limits. The Alameda County Assessor says its indicated sale prices are based on Clerk-Recorder transfer tax and may differ from assessed values. The county’s explanation describes how to interpret its data; it does not verify the reported Roosevelt Avenue price. Separately, the City of Berkeley says building and planning permits issued since 1993 can be searched through Building Eye. That resource can help check qualifying later permit records, but it cannot by itself establish details of the reported sale.
